20 Sep Sourced by Sound Case Study
Posted at 09:40h
in Case Studies
Mountain Creek, QLD
4 Bed | 2 Bath | 2 Car – House
Investor Brief and Strategy:
Strong yielding investment under $600k with growth and add value potential
Investment Details:
- Secured $560,000 (Listed $599,950)
- Rented $530p/w or 4.9% yield
- Spacious 540sqm block with side access
- Prestigious ‘Brightwater’ Estate
- Walking distance to Schools & Shops
- Short drive to University, Hospital and beaches
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – Super low at 1.8%
- Average 20-year Capital Growth – 7% p.a
- Population Growth – 3% p.a (double state average)
What we liked:
Major infrastructure projects underway combined with a strong rental return and ability to add-value through minor renovations make this property a well-rounded investment.
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